How to Use a Bitcoin ATM to Buy or Send Bitcoin

This video explains how to buy Bitcoin with cash at a BudgetCoinz Bitcoin ATM for registered customers. Registered customers are those purchasing more than $750 per day. Registered customers require a phone number and government ID to use the ATM.

Whether you are sending money to a friend, investing in Bitcoin, or simply buying Bitcoin for goods or services online, our step by step tutorial will guide you through every step of the way. Find a nearby Bitcoin ATM location on our website at

What is Bitcoin?
Bitcoin is a digital peer-to-peer cryptocurrency. Think of it like digital gold. Bitcoins are transferred between people’s virtual wallets through a distributed ledger known as the blockchain. The blockchain keeps a record of all bitcoins in existence and all broadcasted transactions. Other people are known as “miners” to verify these transactions to make sure the same bitcoins can’t get spent twice.